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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ „Susisiekimo paslaugos“ was registered on November 23, 1998. The main activities of the company are organization of public transport, organization of maintenance of public transport infrastructure, organization of parking tolls, traffic monitoring and traffic light management, administration of traffic light control and traffic violation recording systems.

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 28,228 27,327 38,267 41,894
Cost of goods sold 19,422 24,605 32,651 35,991
Gross profit (loss) 8,807 2,722 5,616 5,902
Gross profit margin 31% 10% 15% 14%
Operating expenses 7,939 2,014 3,174 3,755
Operating profit (loss) -100 197 1,775 1,291
Operating profit margin -0% 1% 5% 3%
EBITDA 690 650 2,448 2,350
EBITDA margin 2% 2% 6% 6%
Net profit (loss) -29 279 1,554 1,082
Net profit margin -0% 1% 4% 3%

Balance sheet

2020 2021 2022 2023
Non-current assets 7,528 7,817 12,404 17,210
Intangible assets 534 460 659 829
Tangible assets 6,954 7,065 8,160 12,731
Financial assets 0 248 3,513 3,603
Other non-current assets 40 45 72 48
Current assets 4,640 9,177 13,214 11,864
Inventories and prepaid expenses 79 55 41 77
Accounts receivable in one year 2,720 5,351 2,743 3,197
Other current assets 0 168 231 221
Cash and cash equivalents 1,841 3,603 10,151 8,369
Total assets 12,194 17,210 25,869 29,350
Equity 4,723 4,946 6,624 6,730
Grants and subsidies 2,300 2,231 3,048 5,816
Liabilities 4,563 5,692 10,674 10,963
Financial liabilities 0 105 3,516 3,650
Long-term liabilities 92 190 3,316 3,405
Short-term liabilities 4,471 5,501 7,358 7,558
Equity and liabilities 12,194 17,210 25,869 29,350

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) -0% 2% 7% 4%
Return on equity (ROE) -1% 6% 27% 16%
Return on capital employed (ROCE) -2% 4% 18% 13%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.01 0.14 0.12
Current Ratio 1.04 1.67 1.80 1.57
Quick ratio 1.02 1.66 1.79 1.56
Turnover ratios
Asset turnover 2.31 1.59 1.48 1.43
Fixed asset turnover 3.75 3.50 3.09 2.43
Equity turnover 5.98 5.52 5.78 6.22
Profitability ratios
EBITDA margin 2% 2% 6% 6%
Operating profit margin -0% 1% 5% 3%
Net profit margin -0% 1% 4% 3%
Other ratios
Dividends to the Municipality 56.22 17.10 948.50 1,008.10
Dividends paid / net profit -1.96 0.06 0.61 0.93

Expectations of the municipal

About the company

  • Official nameSĮ „Susisiekimo paslaugos“
  • Legal formMunicipality enterprise (SĮ)
  • Company code124644360
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionVilnius city municipality
  • Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
  • Share belonging to the Municipal100%
  • Contacts https://judu.lt/
Return to the Municipality

1.0 EUR milion

ROE

16.2%

Number of employees

199

Financial data provided as at end-December 2023

Management

  • Gintaras MacijauskasChief Executive Officer

Information as of: 2024/04/30